Welcome to Cambridge Wealth Management
Cambridge Wealth Management, founded by Mitsuo Eli Lockrow in 2014, is a fee-only independent investment firm serving high-net-worth individuals and institutional investors.
Core Values
CLARITY | A clear and focused mind can more easily explore new ideas and act on what matters most.
EXCELLENCE | Strive for excellence in all areas of your work and actively pursue continuous improvement.
HARMONY | Act with integrity and foster an inclusive environment by respecting each other’s differences.
INDEPENDENT THINKING | Challenge the assumptions that shape consensus viewpoints to achieve exceptional long-term results.
The Logo Story
The Cambridge Wealth Management logo design is based on an ancient Japanese coin called the “Four-Mon” coin. It was conceived over the weekend of July 4th, 2014, when our founder’s mother showed him some "Four-Mon" coins during breakfast. The logo’s primary color, blurple (bluish-purple), is a toned-down version of Mitsuo’s favorite color, royal purple.
In Ancient Asia, it was believed that the earth was flat and square, while the heavens were round, resembling an umbrella that covered the earth. A square placed within a circle represented perfect balance and harmony, and held special significance as a symbol of prosperity. The waves depicted on both sides of the coin were emblematic of happiness.
Founder’s journey
It was 1996 when I began my career in the financial services industry at Merrill Lynch’s Albany, NY office. At that time, Merrill’s financial advisor professional development program (PDP) was considered the best in the industry. I consistently ranked in the top quintile, earning President’s Club recognition in my 5th year of service. 🎯 🏆
In 2001, I joined UBS-PaineWebber at 100 Federal Street in Boston and was certified as a portfolio manager in the select UBS Portfolio Management Program. In the aftermath of the dot-com bubble, I made it my Mission to find a better way to mitigate portfolio risk and achieve less volatile returns for my retired and institutional clients. I learned that effectively managing portfolio volatility is crucial to maximizing portfolio longevity for investors who are taking withdrawals.
Modern Portfolio Theory tends to overlook macroeconomic factors and company evolution. Systematic market risks, such as interest rates and GDP, also known as volatility risk, cannot be diversified away due to their unpredictable nature. However, volatility risk can be reduced by implementing hedging strategies.
I developed a risk-attentive, U.S.-centric strategy that combines passive index-tracking ETFs for core asset classes with high-quality, concentrated fixed income and equity models holding low, non-correlated, or negatively correlated securities. The S&P 500 dropped by 60% from its peak in October 2007 to its lowest point in March 2009 during the epic financial market collapse dubbed the Global Financial Crisis (GFC). The GFC put my strategy to the ultimate test, and I’m pleased to say: “Mission accomplished! 📈 ✅”
In 2014, I took a leap of faith and founded Cambridge Wealth Management, driven by two passions: Serving clients with excellence and managing risk-attentive, total-return investment strategies.
